• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus

2

Uber CEO says ‘really demanding’ work culture includes expecting employees to answer emails over the weekend: ‘Don’t come here if you want to coast’

3

Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users

1

The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus

2

Uber CEO says ‘really demanding’ work culture includes expecting employees to answer emails over the weekend: ‘Don’t come here if you want to coast’

3

Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users
Air Travel

Ryanair does a spectacular U-turn on plan for transatlantic flights

Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
March 20, 2015, 9:06 AM ET
Video Poster
Google source logo
Add Fortune on Google for similar content.

Ireland-based airline Ryanair has grounded plans to offer ultra-cheap flights over the Atlantic after having seemingly approved them earlier this week.

The company’s Chief Executive Michael O’Leary said the airline “f***ed up,” according to the Irish Independent, and that the initial news was “a miscommunication.”

In a statement — literally, one sentence — Ryanair’s board rejected ever having green lit such a plan.

“In the light of recent press coverage, the Board of Ryanair Holdings Plc wishes to clarify that it has not considered or approved any transatlantic project and does not intend to do so,” the statement read.

On Monday, the no-frills airline said that it intended to make good on the idea that it has been floating since 2008: starting at less than $15, passengers would be able to travel between European airports and a dozen or so United States cities. “European consumers want lower-cost travel to the U.S.A., and the same for Americans coming to Europe,” said the airline in a statement. “We see it as a logical development in the European market.”

But the budget airline has now apparently modified that plan. O’Leary further clarified the airline’s botched messaging in an interview with the Financial Times:

“Mr O’Leary confirmed on Thursday that Ryanair still wanted to pursue the transatlantic project, and was in talks with aircraft makers,” the paper said. “He said it would have been impossible for Ryanair’s board to approve the project because the transatlantic airline would involve a separate company.”

Joe Brancatelli, an expert in business travel, was entirely unsurprised that the airline, one of Ireland’s biggest companies, had retracted its pronouncement. “Ryanair has a history of making bulls**t announcements,” he reportedly told Yahoo in an email, citing the CEO’s much-reported suggestion that Ryanair might make passengers pay to use toilets. (O’Leary also reportedly considered charging extra for overweight passengers.)

Indeed, O’Leary has a knack for garnering attention with his loquacity.
[fortune-brightcove videoid=3980073702001]

At the time of the announcement, The New York Times presciently observed: “The service is still at least four years in the future, and it might be that talk of such rock-bottom fares is nothing more than a promotional gimmick.”

Even with the plummeting cost of oil fattening the airline industry wallets, a $15 transatlantic flight would be a feat indeed.

About the Author
Robert Hackett
By Robert Hackett
Instagram iconLinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in International


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in International


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.